SAP (SAP) PT Set at €120.00 by Main First Bank
SAP (ETR:SAP) has been given a €120.00 ($139.53) target price by research analysts at Main First Bank in a report issued on Monday. The brokerage presently has a “buy” rating on the technology company’s stock. Main First Bank’s price objective would suggest a potential upside of 30.61% from the company’s current price.
SAP has been the subject of several other reports. Baader Bank set a €112.00 ($130.23) price objective on SAP and gave the stock a “buy” rating in a research report on Monday, October 8th. Royal Bank of Canada set a €110.00 ($127.91) price objective on SAP and gave the stock a “neutral” rating in a research report on Tuesday, October 16th. JPMorgan Chase & Co. set a €115.00 ($133.72) target price on SAP and gave the company a “buy” rating in a research report on Friday, October 12th. Nord/LB set a €110.00 ($127.91) target price on SAP and gave the company a “buy” rating in a research report on Friday, October 19th. Finally, Berenberg Bank set a €106.00 ($123.26) target price on SAP and gave the company a “buy” rating in a research report on Friday, July 20th. Five research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of €113.33 ($131.78).
SAP stock opened at €91.88 ($106.84) on Monday. SAP has a 1-year low of €81.37 ($94.62) and a 1-year high of €100.70 ($117.09).
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.
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